| dc.contributor | 會計系 | |
| dc.creator (作者) | 陳漢鐘 | |
| dc.creator (作者) | Chen, Han-Chung;Lee, Yen-Jung;Lo, Sheng-Yi;Yu, Yong | |
| dc.date (日期) | 2021-08 | |
| dc.date.accessioned | 2025-11-14 | - |
| dc.date.available | 2025-11-14 | - |
| dc.date.issued (上傳時間) | 2025-11-14 | - |
| dc.identifier.uri (URI) | https://ah.lib.nccu.edu.tw/item?item_id=179810 | - |
| dc.description.abstract (摘要) | We examine how the qualitative characteristics of a non-GAAP earnings disclosure reveal the quality of the non-GAAP performance metric itself. We measure the qualitative aspects of the non-GAAP disclosure using an index of 12 hand-coded characteristics and presentation choices that provide context to non-GAAP disclosures. We find that more transparent qualitative information in non-GAAP disclosures is associated with more transitory non-GAAP exclusions and a lower likelihood that managers will aggressively exclude expenses in calculating non-GAAP earnings to meet or beat analysts’ forecasts. We also find that the association between non-GAAP exclusions and earnings announcement period returns is less negative for firms with more transparent qualitative information accompanying their non-GAAP disclosures. Overall, these results suggest that qualitative characteristics of non-GAAP disclosures convey useful information about the quality of non-GAAP earnings metrics. | |
| dc.format.extent | 109 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Journal of Accounting and Economics, Vol.72, No.1, 101402 | |
| dc.subject (關鍵詞) | Non-GAAP disclosures; Qualitative characteristics; Non-GAAP earnings; Non-GAAP exclusions; Earnings quality | |
| dc.title (題名) | Qualitative characteristics of non-GAAP disclosures and non-GAAP earnings quality | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1016/j.jacceco.2021.101402 | |
| dc.doi.uri (DOI) | https://doi.org/10.1016/j.jacceco.2021.101402 | |
